Ron Estes: “I thank the gentleman, my friend from Louisiana, for yielding. Mr. Speaker, I rise today to discuss how the Tax Cuts and…”

“I thank the gentleman, my friend from Louisiana, for yielding. Mr. Speaker, I rise today to discuss how the Tax Cuts and Jobs Act is helping families and businesses in my home State of Kansas and throughout our country. Since Republicans in Congress and the President enacted tax reform, 400 companies have announced $4 billion in bonuses and investments, impacting 4 million workers. In my community, Spirit AeroSystems announced new investments in training and technology. Fidelity Bank announced $1,500 bonuses for its 400 Wichita area employees. Cox Communications announced up to $2,000 bonuses for its 900 area employees. Recently, small businessowner Bob Aldrich of railroad car parts supplier, Wichita Railway Services, gave his employees $3,000 to $6,000 bonuses, the largest in the country, thanks to the new law. In addition to the bonuses and the new jobs being created, 90 percent of Americans began seeing more monthly take-home pay in February. For Kansans, that meant a middle class family of four will see a tax cut of nearly $2,300. These numbers are not crumbs. No, they are not crumbs at all for millions of families across the country. And despite those doomsday predictions, the Tax Cuts and Jobs Act is already boosting our economy. Just last week, the unemployment rate fell again to 3.8 percent, the lowest in 18 years. And when families and businesses file next year under the new Tax Code, hardworking Americans will keep even more of their money.…”